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HomeBusinessSK hynix posts 1,200% net profit boost on AI chip boom

SK hynix posts 1,200% net profit boost on AI chip boom

SEOUL: South Korea’s SK hynix said on Wednesday (Jul 29) that second-quarter net profit soared a whopping 1, 242 per cent year-on-year, driven by the artificial intelligence industry’s explosive demand for its advanced memory chips. SK hynix is a specialist supplier of high-bandwidth memory chips to US industry

Read full story on Channel Newsasia

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